Was the Lowes employee going to buy the part and install it too?
If I buy something that I later sell to a client, I automatically add 25%.
That’s just the cost of running it through our books
Auto repair shops charge upwards of 60% over their costs.. don’t want to pay Harry’s Garage $25 to change a sparkplug? Go buy one at NAPA and do it your damned self
And ruin your own clothes with grease and spend your own damned 2 hrs getting the grime out form around your nails.
A giant ship engine failed. The ship’s owners tried one expert after another, but none of them could figure but how to fix the engine.
Then they brought in an old man who had been fixing ships since he was a young. He carried a large bag of tools with him, and when he arrived, he immediately went to work. He inspected the engine very carefully, top to bottom.
Two of the ship’s owners were there, watching this man, hoping he would know what to do. After looking things over, the old man reached into his bag and pulled out a small hammer. He gently tapped something. Instantly, the engine lurched into life. He carefully put his hammer away. The engine was fixed!
A week later, the owners received a bill from the old man for ten thousand dollars.
“What?!” the owners exclaimed. “He hardly did anything!”
So they wrote the old man a note saying, “Please send us an itemized bill.
The man sent a bill that read:
Tapping with a hammer………………….. $ 2.00
Knowing where to tap…………………….. $ 9,998.00
I can't see where it would cost someone 25% to run an item thru their books...You already buy the parts at wholesale cost and then charge 25% above what the retail cost would be...So now you are up to 50%...
Auto repair shops charge upwards of 60% over their costs.. don’t want to pay Harry’s Garage $25 to change a sparkplug? Go buy one at NAPA and do it your damned self
Harry's garage already gets a set price on the cost of their labor...They don't need to charge extra for the cost of the part...
I have seen where if you supply your own part, they will add an extra cost to install it even tho that charge is covered in the labor costs...
Of course it's common practice by why not be up front and honest about it and say, 'yes, we are gouging the customer, because we can'...
Right. Someone had to trouble shoot the equipment to find out what needed to be replaced. And yes, there is markup on the parts over what the vendor paid.